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it's everyday reinvesting for your personal economy. eating healthier,tion by drinking plenty of water, but still not getting relief? try dulcolax laxative tablets. dulcolax is comfort-coated for gentle, over-night relief. dulcolax. predictable over-night relief you can count on. >>> next tonight the drama inside a courtroom, the subject a million dollar spending spree. for the british this story is a different kind of upstairs downstairs. >> reporter: two long term employees accused of stealing from their super wealthy employers, almost a modern version of downton abbey. it's playing out in london exposing the secrets of nigella lawson. she has over 6 million cook books in print worldwide and is a tv star, including on abc's the taste. her culinary empire started when her first husband lay dying and she created a book about the foods that consoled her. >> there is something extraordinary about eggs, sugar, flower and butter becoming a cake. >> elizabetta grillo became her children's caretaker. sister frank chess ska joined the household just before nigella married charles saatchi. six
it's everyday reinvesting for your personal economy. eating healthier,tion by drinking plenty of water, but still not getting relief? try dulcolax laxative tablets. dulcolax is comfort-coated for gentle, over-night relief. dulcolax. predictable over-night relief you can count on. >>> next tonight the drama inside a courtroom, the subject a million dollar spending spree. for the british this story is a different kind of upstairs downstairs. >> reporter: two long term employees...
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easing of some of the sanctions that have crippled the iranian economy. things are also looking up for the president-- at least a bit-- with the american people. a cbs news/"new york times" poll out tonight finds 42% of the americans now approve of the job he is doing that. is up five points from the all-time low he hit last month as his administration was trying desperately to fix the obamacare web site. major garrett is at the white house for us tonight. major? >> reporter: scott, senior advisors to the president believe the worst of the health care nightmare is over. and there is some evidence of that. in our survey the president has gained slightly on the health care issue. 41% now approve of the president's handling of the health care. that's up nine points from one month ago. 55% still disapprove of mr. obama's health care performance, but that's down ten points. the health care law remains unpopular, but less so than in our last survey. one month ago, 31% backed obamacare and 61% disapproved. now, 39% say they approve of the law while 50% disapprov
easing of some of the sanctions that have crippled the iranian economy. things are also looking up for the president-- at least a bit-- with the american people. a cbs news/"new york times" poll out tonight finds 42% of the americans now approve of the job he is doing that. is up five points from the all-time low he hit last month as his administration was trying desperately to fix the obamacare web site. major garrett is at the white house for us tonight. major? >> reporter:...
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you and that is good news to a lot of people in business and the economy in a larger sense because it brings something that has been missing for quite some time coming from washington, and that is stability and the ability to plan out if you're a business, whether large or small, your next couple of years, and this budget framework, what i was trying to say earlier, this does not guarantee there isn't going to be a government shutdown, but it goes a long way towards insuring that there will not be. now they have the framework. now they have to put flesh on the bones of that framework in terms of specific line item spending. so good news and bad news here in washington this evening. >> here's the chance--better than average. better than good. that this deal moves forward. after all, patty murray and paul ryan were put forward too negotiate this deal by both chambers of congress. so the idea that they would come together work together some kind of negotiation and then not move forward just doesn't make a whole lot of sense. >> reporter: remarkable. when you think about all the plan bs a
you and that is good news to a lot of people in business and the economy in a larger sense because it brings something that has been missing for quite some time coming from washington, and that is stability and the ability to plan out if you're a business, whether large or small, your next couple of years, and this budget framework, what i was trying to say earlier, this does not guarantee there isn't going to be a government shutdown, but it goes a long way towards insuring that there will not...
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the threat of another shutdown and default and all of the other stuff that has been weighing on the economy, that he's been complaining about. that should be off the table for sometime. so they'll see that as a positive. but on the negative sign of this -- side of this, when you ask about his juice, he taking republican senators out to deal, saying he wanted to get a budget, one of his legacy items, and he is left with a mini bar at best. >> and is there hope at all of taking this big bargain before he leaves office or are we looking at this small bite of the apple that takes it really to the end of his term? >> there is -- they are hopeful they could do more here at the white house but it seems highly unlikely that he will get anything bigger than the bite-size deals at this point. republicans are waiting for this 2014 mid-term elections and they won't give this president too much in terms of a bigger budget deal. unlikely to give him immigration reform and any other major legacy items so insteader dealing with the smaller deals, as you say, but also still implementing health care reform w
the threat of another shutdown and default and all of the other stuff that has been weighing on the economy, that he's been complaining about. that should be off the table for sometime. so they'll see that as a positive. but on the negative sign of this -- side of this, when you ask about his juice, he taking republican senators out to deal, saying he wanted to get a budget, one of his legacy items, and he is left with a mini bar at best. >> and is there hope at all of taking this big...
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it's quite alarming as the economy picks up indicators getting getting worse it could get hired i mean like things are getting better but these are getting worse or so it's kind of like this but. a lot of people just can't afford to live anymore like ways of living and being in new york this is like you know the worst place to be so maybe people get like go somewhere else besides the big city bigger cities in you know more metropolis suburb where he is a try to make you know their lives where but it's hard here i'm an adult and it's hard for me to maintain with no kids so i can imagine families trying to maintain here the one person at the top is been increasing it's more than its fair share and the people at the bottom tend to be completely left behind. well you know me or to give you some more perspective on how bad it really is because these numbers are hard to imagine the new york times makes a good point if if all of the homeless children of new york city were to go into madison square garden which is a huge stadium in manhattan as many as over forty eight hundred children would b
it's quite alarming as the economy picks up indicators getting getting worse it could get hired i mean like things are getting better but these are getting worse or so it's kind of like this but. a lot of people just can't afford to live anymore like ways of living and being in new york this is like you know the worst place to be so maybe people get like go somewhere else besides the big city bigger cities in you know more metropolis suburb where he is a try to make you know their lives where...
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Dec 10, 2013
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this has not been a high growth economy. they have been in recession on and off for the better part of 20 years but they have finally gotten themselves out of recession. i think you have to be long japan and long the right sectors. >> how about a sector? >> i like the real estate sector. beneficiary names as an example. >> all right. >> in terms of what you have heard about the valley, what has come when the fed starts to taper it's going to be at risk. i would think that would put certain sectors at more risk than others. in your view what are the biggest vulnerabilities in the market? >> the financial sector is going to be most at risk. they're going to try not to do that. this is is a great monetary experiment. we haven't been through this before. how it shakes out is something that we will fall out. >> i think japan is going to outperform the united states. i think there are a number of stocks that are likely to work. >> delta is one. we have taken out a tremendous amount of capacity. the economy is growing again. fuel p
this has not been a high growth economy. they have been in recession on and off for the better part of 20 years but they have finally gotten themselves out of recession. i think you have to be long japan and long the right sectors. >> how about a sector? >> i like the real estate sector. beneficiary names as an example. >> all right. >> in terms of what you have heard about the valley, what has come when the fed starts to taper it's going to be at risk. i would think...
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we have to break the grip that white south africans have on our economy, our government, our educational system, and do our own black thing. while there were people on the other side who said no, no, after 300 years we all have a stake in whatever country this is going to become. you cannot have an afro-centric, a black-centric future? >> there were those who felt there we should have a non-racial society, bring people in different walks of life and different political opinion together, and we should you have a nation brought together by reconciliation and move forward. there were some people who felt that we should, as you put it, do our own black thing. but those were in the minority. most people. most people who i came in contact with felt we should talk together. when the negotiations happened, the proposed talks of national government unity, there was a great sense that we could pull our nation together. many people struggled and suffered for many years believing that we can come together as a nation and move forward. >> we'll take a short break and when we return we'll talk more wi
we have to break the grip that white south africans have on our economy, our government, our educational system, and do our own black thing. while there were people on the other side who said no, no, after 300 years we all have a stake in whatever country this is going to become. you cannot have an afro-centric, a black-centric future? >> there were those who felt there we should have a non-racial society, bring people in different walks of life and different political opinion together,...
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and had a ripple effect through the economy where it turned things around. so when i talk about jobs and when i talk about commitment and infrastructure, and investment in america, this guy has had it right all along. au all the way back to 2009. and is here we are in almost 2014, and all the republicans could do is be against the working folk of america? merry christmas. get your cell phones out. i want to know what you think. tonight's question. will republicans ever admit saving the automobile industry was the right thing to do? text a. for yes, text b. for no to 67622. you can always go to our blog at ed.msnbc.com. we'll bring the results later in the show. i'm still waiting for the story on fox. they ought to be jumping up and down underneath the christmas tree, saying, we're out of the car business! we're finally done. it's over oh. whew. we dodged that bullet. no more obama motors. for more, let me bring in the mayor of lancing michigan, and leo gerard. great to have you with us tonight. >> happy to be here. >> i know you're busting at the seams, beca
and had a ripple effect through the economy where it turned things around. so when i talk about jobs and when i talk about commitment and infrastructure, and investment in america, this guy has had it right all along. au all the way back to 2009. and is here we are in almost 2014, and all the republicans could do is be against the working folk of america? merry christmas. get your cell phones out. i want to know what you think. tonight's question. will republicans ever admit saving the...
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. >> and the bright side is president obama only destroyed one-sixth of the economy. >> before we go, can i just pose a question. let me throw this out. what about the 12 or 13 or 15 million undocumented illegal aliens. >> what about them? >> do they get obama care. >> no. >>> are stupidity synonymous? >>> in an interview with playboy magazine, whatever that is, ben affleck said if he knew any republican actors, he probably wouldn't like them. and katy perry said she didn't let her parents watch her sing at the president's inauguration because they are republicans. and this creates a barrier to critical thinking and you avoid having to listen to competing thoughts, bob. and it shows that the high priest of religious of toll rabs are celebrity, because only they can be the good guys. not voting for obama is not wrong, but it is evil. and this fits perfect with the velvet rope of exclusion that celebrities pine for. it gives you the influence of intelligence that you crave. and it keeps your opinions cool. those excluded are anyone not living on the coast, people with boring 59 to 5:00
. >> and the bright side is president obama only destroyed one-sixth of the economy. >> before we go, can i just pose a question. let me throw this out. what about the 12 or 13 or 15 million undocumented illegal aliens. >> what about them? >> do they get obama care. >> no. >>> are stupidity synonymous? >>> in an interview with playboy magazine, whatever that is, ben affleck said if he knew any republican actors, he probably wouldn't like them. and...
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not serving the economy as they're supposed to be so literally depends on the proposals right and left to wait for tomorrow to see who gets picked and i gather that next year we'll find out who gets paid who will be at the bridge program that's over an hour from all of us here at broome thanks for watching c.n.n. xterm. oh my god by i do no longer access bed clean holy moley china bandspread cooling how will we survive treat the mainstream media well in fact by do the e bay of china no longer exist but calling but it was only ever one of by these many subsidiaries which is the big oil and that was just for one samsung product for several weeks and those weeks only one point three seven bit cleaner ever sent to buy do look here this is their wallets. i would rather ask questions to people in positions of power instead of speaking on their behalf and that's why you can find my show larry king now right here on r.t. question. coming up on our t.v. andy age twenty fourteen is out on capitol hill lawmakers have been dragging their feet when it comes to funding the defense department yesterd
not serving the economy as they're supposed to be so literally depends on the proposals right and left to wait for tomorrow to see who gets picked and i gather that next year we'll find out who gets paid who will be at the bridge program that's over an hour from all of us here at broome thanks for watching c.n.n. xterm. oh my god by i do no longer access bed clean holy moley china bandspread cooling how will we survive treat the mainstream media well in fact by do the e bay of china no longer...
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>> you're causing them to become part of this perpetual, unemployed group in our economy. >> you have presided over what is perhaps the least productive, least popular congresses in history. >> it ought to be judged on how many laws we repeal. >> there are too many of us on the sidelines, comfortable in complacency, and cynicism, when our voices must be heard. >> there is snow, sleet, and to tension for slippery commutes in the northeast. washington, d.c. is seeing the sun peek out after a blanket of snowfall, which temporarily closed some government offices. just don't call it a shutdown. congress did brave the weather warnings and went to work. they faced a very big budget deadline on friday. that's part of a last ditch to do list that includes a defense bill and ever evaporating hopes for a farm bill. meanwhile, president obama is in the air right now, heading back to the capitol, sharing air force one on the way back, just as he did on the way over, with former president george w. bush, and life laura. the presidents' day began under rainy skies in soweto, south africa, where he j
>> you're causing them to become part of this perpetual, unemployed group in our economy. >> you have presided over what is perhaps the least productive, least popular congresses in history. >> it ought to be judged on how many laws we repeal. >> there are too many of us on the sidelines, comfortable in complacency, and cynicism, when our voices must be heard. >> there is snow, sleet, and to tension for slippery commutes in the northeast. washington, d.c. is seeing...
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economy. we've got big head winds from europe, from the currency, from ongoing deleveraging from households, we need to provide a lot of stimulus. but that stimulus can create risk. you mentioned the housing market, that's one example. we need to take other steps in order to reduce those risks. manage those risks, mitigate those risks and if we -- because if we don't we're going to create bigger problems down the road or we're going to have to pull back too soon on monetary policy which is the last thing we want to do. >> rose: we conclude with michael dell who just completed taking his company private. >> what i will say is that i'm very proud that during the time our company was public our stock appreciated over 13,500%, which was 27 times the amount of the s&p 500 during that same period. so, yeah, we missed something. everybody misses some things but we built one heck of a business. it's still one heck of a business and now it's growing at double digit rates and we're investing for the fut
economy. we've got big head winds from europe, from the currency, from ongoing deleveraging from households, we need to provide a lot of stimulus. but that stimulus can create risk. you mentioned the housing market, that's one example. we need to take other steps in order to reduce those risks. manage those risks, mitigate those risks and if we -- because if we don't we're going to create bigger problems down the road or we're going to have to pull back too soon on monetary policy which is the...
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and a little uncertainty as to where the economy is headed. we think we're fine for all the reasons i've given. i think that's what's gone on right now. i think some buyers on the sideline -- remember, november and december really aren't months when we sell a lot of homes. this is the season to be jolly. not the season to buy a home. we really need to wait until february to see where the market is. >> last question. what is the hottest region in terms of demand you're seeing around the country right now? >> i'm going to name three. new york city urban. we're on our 20th high rise in manhattan. jersey city, hoboken, brooklyn. california, coastal california for us is very strong. we just announced a huge deal we're doing out in california which is really a game-changer for the company through the acquisition of shapelle properties and dallas and houston, texas, are doing very well. >> tells you something about what's happening around the country. douglas yearley, thank you for joining us today. appreciate it. >> thanks for having me. >> 12 minut
and a little uncertainty as to where the economy is headed. we think we're fine for all the reasons i've given. i think that's what's gone on right now. i think some buyers on the sideline -- remember, november and december really aren't months when we sell a lot of homes. this is the season to be jolly. not the season to buy a home. we really need to wait until february to see where the market is. >> last question. what is the hottest region in terms of demand you're seeing around the...
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great view of what is going on, of the economy. are people spending on these kinds of entertainment? >> they are. and our business is better than ever. will be the best year in the history of our entertainment. what we do, you cannot replicate. is live talent, hard-hitting. we come once a year, sometimes twice a year with each of the individual event. we try to have christmas five to seven times a year in every city around the world. >> what are the logistics like of trying to put on one of these shows and moving hundreds of performers simultaneously? >> ringling brothers barnum & bailey has the longest railroad train in america. each train is one mile long. people live there. all of the equipment goes there. and that is the way we travel. all of these other shows, they go typically in truck and trailers. monster jam is huge. we are playing all of these stadiums and we have over 25,000 truckloads of dirt stationed all over the world to do this. them rightooking at now, the monster jam. it's phenomenal. what about teaming up with na
great view of what is going on, of the economy. are people spending on these kinds of entertainment? >> they are. and our business is better than ever. will be the best year in the history of our entertainment. what we do, you cannot replicate. is live talent, hard-hitting. we come once a year, sometimes twice a year with each of the individual event. we try to have christmas five to seven times a year in every city around the world. >> what are the logistics like of trying to put...
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economy is rebounding helped by explosive growth in the energy and wireless industries. behind this growth is a massive grid of pipelines and wire lines across and that is the business of jose -- [inaudible] his company's stock has surged more than 260%. yes, i said that, 260% over the past five years, and he is with me now in a fox business exclusive. very interesting, these sectors that you operate in. let's start with telecom. there's been explosive growth in telecom, especially to rural areas. that has been a big thing that the president has pushed through. are we there yet? have we reached the furthest part of the rural areas, or do you think there's still more to grow? >> i think we've made great strides, but we still have a long way to go. as a company, we specialize in wireless deployment, so we build a lot of the networks for the wireless carriers. it's a very exciting field because if you've seen the changes that have happened with handheld technologies and what you can do with your devices, we're kind of the company that builds the infrastructure and the backb
economy is rebounding helped by explosive growth in the energy and wireless industries. behind this growth is a massive grid of pipelines and wire lines across and that is the business of jose -- [inaudible] his company's stock has surged more than 260%. yes, i said that, 260% over the past five years, and he is with me now in a fox business exclusive. very interesting, these sectors that you operate in. let's start with telecom. there's been explosive growth in telecom, especially to rural...
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healthcare is a fifth of our new, economy, and it might be difficult or unwise to trust the irs handling obamacare. there will be a lot more of the battle. >> carl, thank you. nice to see you. if you want to remember some of your best experiences, listen up. and not take so much -- so many pictures of yourself. instagraming could mess up your memory. next, what this new study suggests about memory and all those photos that were taken, and, >>> if you're one of those folks at a birthday of wedding snaping photos and uploading them to facebook or instaff gramp you've might want to think again. constantly taking pictures may keep your brain from remembering what really happened. the researchers call it the photo-taking impairment effect. ptie. the study appears in the journal of psychological science. dr. cooper lawrence is a psychologist and joins us now with another study to which i go -- >> ow always roll your eyes at studies. >> this one is dumb. i get it. the idea is we have pictures up here, that my staff and i have taken wheel we were oust doing whatever we were doing. the study says
healthcare is a fifth of our new, economy, and it might be difficult or unwise to trust the irs handling obamacare. there will be a lot more of the battle. >> carl, thank you. nice to see you. if you want to remember some of your best experiences, listen up. and not take so much -- so many pictures of yourself. instagraming could mess up your memory. next, what this new study suggests about memory and all those photos that were taken, and, >>> if you're one of those folks at a...
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the economy is booming. stocks and corporate profits are record highs. the great american corporations have never been better. don't own any stock? perhaps you have no stock, because you have already invested in bonds. no problem. that market is also at record highs. but perhaps you have no stock, no bonds. you are poor. well, here in america, prosperity trickles down from the all-knowing makers to deserving members of the underclass. you'll gradually learn to ignore that overwhelming sensation that prosperity is, in fact, being sucked up to the top. warning. if we get does not trickle down to you, clearly, you are undeserving and might be subject to self deportation. for those of you with gumption, you will have a job at a great american corporation like walmart or mcdonald's, and you will be well on your way. you'll learn the value of a hard day's work, which we regret to inform you, is not that valuable at all. we will pay you the lowest wage allowable under american law. we do so with will he rubbing tans, as a matter of fact. we would desperately li
the economy is booming. stocks and corporate profits are record highs. the great american corporations have never been better. don't own any stock? perhaps you have no stock, because you have already invested in bonds. no problem. that market is also at record highs. but perhaps you have no stock, no bonds. you are poor. well, here in america, prosperity trickles down from the all-knowing makers to deserving members of the underclass. you'll gradually learn to ignore that overwhelming sensation...
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he says that is small compared to the $100 billion even more than that that has been hit to iran's economy since sanctions were first imposed. get a sense of how secretary kerry is push back. >> once implemented and lit be in the next weeks this agreement halts the progress of iran's nuclear program. halts the progress. and roms it back in certain places for the first time. nearly ten years. it provides unprecedented monitoring. while we negotiate to see if we can conclude a comprehensive agreement. >> meanwhile, over in the senate, a couple of members including a top democrat are working on a bill that would impose sanctions if iran doesn't act. he doesn't want to see that happen, and we will see what comes of this deal. >> washington also watching the skies as we know just a few inches can shut down the city if it snows, so if that happens, are lawmakers losing days because of ice and snow? the federal government closed today, congress still in session. there's not a dooms day scenario, but john boehner says he planned to send house members home if there is a big deal, he may keep them,
he says that is small compared to the $100 billion even more than that that has been hit to iran's economy since sanctions were first imposed. get a sense of how secretary kerry is push back. >> once implemented and lit be in the next weeks this agreement halts the progress of iran's nuclear program. halts the progress. and roms it back in certain places for the first time. nearly ten years. it provides unprecedented monitoring. while we negotiate to see if we can conclude a comprehensive...
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castros in power because it's given the two of them a built in bookie man for all that's wrong with their economy. i'm a believe if we had had open trade with cuba long ago the castro brothers would have fell. we should give those kids down there a taste of xboxes and see how long the castro brothers can stay in power. >> full disclosure, you have some history with the castros, no? >> as a journalist, i once was in a meeting with fidel castro, an 8-hour meeting, not that i was turned in the course of this conversation, i long believed in freedom for cuban people and disagree with the whole success of democratic and republican administrations in terms of how you get there. the comments from senator rubio tell you what you need to know. every four years we have an election and candidates on the left and right, they go into the cuban-american community and thump their chests against castro and make pledges and promises and the embargo lives. who are we really helping with the embargo? we're not helping the cuban people and not the expatriots either. >> michael beschloss, i want to follow up one thin
castros in power because it's given the two of them a built in bookie man for all that's wrong with their economy. i'm a believe if we had had open trade with cuba long ago the castro brothers would have fell. we should give those kids down there a taste of xboxes and see how long the castro brothers can stay in power. >> full disclosure, you have some history with the castros, no? >> as a journalist, i once was in a meeting with fidel castro, an 8-hour meeting, not that i was...
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wrestle mania expected to bring about $100 million in the local economy in the spring of 2015. levi stayed wrum is also being considered as a host location for college football's national championship game in 2017. of course, already had a super bowl in 2016. >>> san francisco giants pitcher matt cain wants to do his part to help the next bat kid make good on a dream. >> he and his wife pledged a $15,000 matching grant and challenge to the make a wish foundation. the foundation transformed san francisco into gotham city last month to help make 5-year-old miles scott's wish come true. under the challenge they will give the organize the money once the bay area executive director raises the same amount. >>> still to come, we're following breaking news in oakland. an underground pipeline catches fire. an update coming up after the break. [ female announcer ] for those who love sweets your season is here. let's just call it the baking time of year. you need special ingredients. you need the staples for homemade. you need safeway sugar for just a buck eighty-eight. and that magic thi
wrestle mania expected to bring about $100 million in the local economy in the spring of 2015. levi stayed wrum is also being considered as a host location for college football's national championship game in 2017. of course, already had a super bowl in 2016. >>> san francisco giants pitcher matt cain wants to do his part to help the next bat kid make good on a dream. >> he and his wife pledged a $15,000 matching grant and challenge to the make a wish foundation. the foundation...
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, we can empower more... people to innovate, create new technologies and jobs... and strengthen the economy. america is the world's leader in wireless. let's keep it that way. free up licensed spectrum today, so wireless... can do more for america tomorrow. with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all you notice is relief. aspercreme. >>> global leaders honored nelson mandela today at a massive outdoor memorial in johannesburg, but it's a single handshake getting a lot of attention today. president obama led the u.s. delegation to that ceremony that included three former u.s. presidents. in his remarks delivered in the pouring rain, the president reminded the audience that mandela's greatness was not that he was a saint but rather a flawed human who never gave up his ideals of racial equality. >> there's a word in south afri africa, a word that captures mandela's greatest gift. his recognition that we are all bound together in ways that are invisible to the eye. >> far from being a somber affair, there were some light hearted moments like this. look
, we can empower more... people to innovate, create new technologies and jobs... and strengthen the economy. america is the world's leader in wireless. let's keep it that way. free up licensed spectrum today, so wireless... can do more for america tomorrow. with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all you notice is relief. aspercreme. >>> global leaders honored nelson mandela today at a massive outdoor memorial in johannesburg, but it's a single...
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it is also a global economy play. as demand around the world for iron ore, coal, things like that you still have to take it to the port. i think everything is in place for this tonight. it is not very volatile. lately has not been doing that well. they are too volatile for the audience. you know what i mean. you feel like i am a snake pit again. you get the santa claus rally. adam: world leaders joining the memorial service. latest from south africa has president obama eulogizes the last great liberator of the century. lori: 15 days left until christmas. retail guru that helped launch stevie wonder drives me with a must-have gift this season. when does your work end? does it end after you've expanded your business? after your company's gone public? and the capital's been invested? or when your company's bought another? it over after you've given back? you never stop achieving. that's why, at barclays, our ambition is to always realize yours. [ male announcer ] they are a glowing example of what it means to the best. a
it is also a global economy play. as demand around the world for iron ore, coal, things like that you still have to take it to the port. i think everything is in place for this tonight. it is not very volatile. lately has not been doing that well. they are too volatile for the audience. you know what i mean. you feel like i am a snake pit again. you get the santa claus rally. adam: world leaders joining the memorial service. latest from south africa has president obama eulogizes the last great...
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gradual improvement in the economy. the key point here is can janet yellen, convince everyone that tapering is not tightening. that's what we might hear very much on that. >> that's what we need to do. >> tapering is not happening in december or january. >> under any starncircumstance s i expect them to lay the groundwork to make a clearer delineation. >> let's head to dominic chu for a market flash. >> check out shares the stock at session highs. the company says a late stage trial of its experimental hepatitis c therapy showed 96% of patients in the study showed improvement. yesterday gilead sciences had its own pill approved by the fda. it is considered by industry analysts to be the leader in the all oral hepatitis field expected to reap billions in annual sales. its stock is moving lower so competition perhaps having a hand in that trade. >> dominic, thank you very much. more wintry weather hitting the northeast. three to six inches of snow expected in some parts including the metro area of new york. weather channe
gradual improvement in the economy. the key point here is can janet yellen, convince everyone that tapering is not tightening. that's what we might hear very much on that. >> that's what we need to do. >> tapering is not happening in december or january. >> under any starncircumstance s i expect them to lay the groundwork to make a clearer delineation. >> let's head to dominic chu for a market flash. >> check out shares the stock at session highs. the company says...
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remission is possible. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. ♪ [ male announcer ] laura's heart attack didn't come with a warning. today her doctor has her on a bayer aspirin regimen to help reduce the risk of another one. if you've had a heart attack, be sure to talk to your doctor before you begin an aspirin regimen. you wouldn't know it from the look in the northeast today. gray clouds hanging over capitol hill, here in washington, federal offices in washington are closed. d.c. and baltimore under pd winter weather advisories which could mean 1 to 3 inches of snow before the end of the day. areas in pennsylvania will get a little bit more. philadelphia and wilmington, del care, under a winter storm warning. that means about a half a foot of snow. philadelphia's international airport is seeing flight delays. some delays topping four hours. for more on the weather we have our meteorologist chad meyers standing by at the cnn severe weather center. chris lawrence is over on the national mall
remission is possible. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. ♪ [ male announcer ] laura's heart attack didn't come with a warning. today her doctor has her on a bayer aspirin regimen to help reduce the risk of another one. if you've had a heart attack, be sure to talk to your doctor before you begin an aspirin regimen. you wouldn't know it from the look in the northeast today. gray clouds hanging over...
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are middle class, upper middle class, a significant white population here that controls wealth and economy and business community nittany lion country but there are still millions and millions of poor black africans who have not seen much change in their life during the 19 or 20 years of democracy. a number of speakers were referencing how there was so much more work internationally but also here in south africa many were saying as well. there was some difference between mandela's dream and reality here today. andrea. >> ron allen, in his speech at the memorial service, the president challenged leaders in attendance to live up to mandela's ideals of peace and reconciliation. >> there are too many people who happily embrace madiba's legacy but resist modest reform for poverty and growing inequality. too many leaders claim solidarity with madiba's struggle from freedom but do not tolerate dissent from their own people. and there are too many of us, too many of us on the sidelines comfortable in complacency or cynicism when our voices must be heard. >> new to me now from pretoria, special cor
are middle class, upper middle class, a significant white population here that controls wealth and economy and business community nittany lion country but there are still millions and millions of poor black africans who have not seen much change in their life during the 19 or 20 years of democracy. a number of speakers were referencing how there was so much more work internationally but also here in south africa many were saying as well. there was some difference between mandela's dream and...
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with them all the things you get in a free economy. i hope it happens. connell: we think about iran and other things. what about if you up relations with cuba, even shaking hands. if he were to go further as you suggest he might or should, that is a risky political move, isn't it? >> i see the point of those who criticized us, they say let's not shake hands with an evil regime, but my view has always been that when you demonize some of these second-rate dictatorships around the world, what you are doing, you are elevating them in the eyes of their own people. we are fighting the big bad united statess the better way to deal with these countries is to say we will talk to you, you are no threat to us to begin with three will talk about joining the globalq]eñ economy. you might as well join up with us. connell: is that just a little ahead of us ladies diplomate things work? >> maybe that is the way to do it, have somebody talk to the president of cuba and say we will not do a one-on-one. we don't fear you, we want to bring you into the f
with them all the things you get in a free economy. i hope it happens. connell: we think about iran and other things. what about if you up relations with cuba, even shaking hands. if he were to go further as you suggest he might or should, that is a risky political move, isn't it? >> i see the point of those who criticized us, they say let's not shake hands with an evil regime, but my view has always been that when you demonize some of these second-rate dictatorships around the world,...
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[laughter] it's a sixth of the national economy, so it's pretty huge. the irs is tasked with collecting the fines for people who don't get insurance on the the exchanges if they don't have coverage now. never mind the fact that it is involved in all the agencies and the revenues of the entire government, so the obamacare problems with the launch and its management all are a reflection of whether the irs can handle its own duties, never mind everybody else's. and what republicans did today was essentially objected to the nomination going forward while the senate is in session. it was meant to say, look, we've got congressional investigations that are not getting the full cooperation, and we're not going to have a commissioner until we get to the bottom of what actually happened and hold people accountable. jenna: carl, thank you. >> reporter: you bet. jon: let's get back to the shakeup at the white house. former chief of staff to bill clinton, john podesta, is joining the administration as a counselor, we're told. it's widely seen as a respected washingt
[laughter] it's a sixth of the national economy, so it's pretty huge. the irs is tasked with collecting the fines for people who don't get insurance on the the exchanges if they don't have coverage now. never mind the fact that it is involved in all the agencies and the revenues of the entire government, so the obamacare problems with the launch and its management all are a reflection of whether the irs can handle its own duties, never mind everybody else's. and what republicans did today was...
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recession that seems to be -- the recession that seems to be ending the momentum that's being gained in the economy to help that keep going. so that's a really important point and we shouldn't lose sight of that when we're talking about how it's being funded or what the actual dollars are. my impression is from talking to people around here this morning, and by the way, i should say, washington's offices are shut down, the congress is in full swing today. we're certainly working to get these deals done. that they are going to do a small deal that's going to deal with the sequester over the next couple of years but give us some certainty, not eliminate it entirely, but give the congress and the people of america some certainty about what the budgetary situation is going to be. as far as i'm concerned, that's -- that's going to be a serious victory because, you know, it's been crisis to crisis. >> correct. >> it's really going to be in the hands of speaker john boehner, i think, and whether or not he's going to bring the compromise to the floor or whether he's going to let a small segment of his cauc
recession that seems to be -- the recession that seems to be ending the momentum that's being gained in the economy to help that keep going. so that's a really important point and we shouldn't lose sight of that when we're talking about how it's being funded or what the actual dollars are. my impression is from talking to people around here this morning, and by the way, i should say, washington's offices are shut down, the congress is in full swing today. we're certainly working to get these...
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it's economy is in dire straits. so i think there will be a huge degree of skepticism not only from the protesters here but also from the general public, skepticism if not cynicism. >> we certainly heard that voiced by some of the protesters that you spoke to. and there are clearly deep divisions within the country about the future direction whether there should be closer ties with the eu or of course russia. do you get the sense that both sides are really digging their heels in, making compromise even less likely. >> i think there is an attempt to compromise. both sides are pretty entrenched, but the foreign affairs envoy katherine ashton is in town. she will be talking to the president and members of the opposition as well. she will be striving to at least find some common ground because if the they don't work towards that, then as i was saying in my report, the very real risk of more conflict and perhaps violence, conflict, the repeat of what we saw a couple of weekends ago when police really broout -- brutally be
it's economy is in dire straits. so i think there will be a huge degree of skepticism not only from the protesters here but also from the general public, skepticism if not cynicism. >> we certainly heard that voiced by some of the protesters that you spoke to. and there are clearly deep divisions within the country about the future direction whether there should be closer ties with the eu or of course russia. do you get the sense that both sides are really digging their heels in, making...
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make sure that people have as many incentives as possible to get a job and we also need to have an economy that grows jobs and we haven't had that in the last five years. >> well, richard, opponents will argue that these assistant programs increase dependencies and don't help the poor escape poverty. paul ryan put it this way, he said safety net programs threaten to become a hammock that lulls citizens into lives of complacency and dependency. so the bottom line is are they an expensive band-aid rather than a real solution? >> well, they are a real solution and i think john is right, we do need fiscal responsibility. it is fiscally irresponsible for us to cut many of these safety net programs which allow folks to pursue the american dream. think about that young single mother at home depending on section 8 housing so she can get a job and send her kids to school. and i think when lbj created these programs it was created with the idea this will help americans pull themselves up by their bootstraps. what republicans want and people like paul ryan want is you to pull yourself up by your boot
make sure that people have as many incentives as possible to get a job and we also need to have an economy that grows jobs and we haven't had that in the last five years. >> well, richard, opponents will argue that these assistant programs increase dependencies and don't help the poor escape poverty. paul ryan put it this way, he said safety net programs threaten to become a hammock that lulls citizens into lives of complacency and dependency. so the bottom line is are they an expensive...
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as the economy improves, they will be competing with other obstacles, hedging the improving economy based on their portfolio that they have now. >> cast your eyes into the future. we are being told that the volker rule will not be enforced for another year. the president announced it back in january of 2010 and banks have been responding since then, suspending their prop trading desks. in 2015 how different are things going to be from the way they 2009?n >> first and foremost, metrics will matter. that is the only way that regulators are going to be able to distinguish prop trading from market making to tying hedging to specific and identifiable risks. banks are already comfortable measuring risks on a daily basis , now they are really going to have to step up their measurements of inventory, because that matters in determining market making from prop trading and turnover of inventory as well. these metrics will determine how forcibly the enforcement will follow. hard to findo be baselines right now, there is still an element of prop trading in all banking activities, so finding a baselin
as the economy improves, they will be competing with other obstacles, hedging the improving economy based on their portfolio that they have now. >> cast your eyes into the future. we are being told that the volker rule will not be enforced for another year. the president announced it back in january of 2010 and banks have been responding since then, suspending their prop trading desks. in 2015 how different are things going to be from the way they 2009?n >> first and foremost,...
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wrestle mania is expected to generate $100 million for the local economy. let's see if things are warming up out there. >> good morning to you. it's still pretty cold out there but yeah, we're starting to warm up. temperatures still in the 20s and 30s across the bay area. as we head throughout this afternoon we expect the climb into the 50s, mid-50s on the way to the south bay, peninsula, east bay 55 and 55 in san francisco for today. high pressure is going to bring about a warming trend but what's going to happen our air quality will suffer. today it's a spare the air day. wednesday and thursday, air quality is actually going to get worse, and then by friday we're talking about improvement with an area of low pressure to the north. let's check the drive. >> looking at the sunshine which is crisp and clear for the air but bad for the view. slow down for palo alto, 101 and through the hills. tough drive south down out of hillsborough, the earlier slowdown northbound 90 southbound approaching the durand bridge. may have had a traffic break. that is starting t
wrestle mania is expected to generate $100 million for the local economy. let's see if things are warming up out there. >> good morning to you. it's still pretty cold out there but yeah, we're starting to warm up. temperatures still in the 20s and 30s across the bay area. as we head throughout this afternoon we expect the climb into the 50s, mid-50s on the way to the south bay, peninsula, east bay 55 and 55 in san francisco for today. high pressure is going to bring about a warming trend...
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and the crash of the american economy. caused by agreed, wall street agreed principally, and agreed of others, to be sure. -- and greed -- caused by greed. wall street greed principalably, and greed of others, to be sure. keep in mind the moral compass of franklin delano roosevelt. the test of our progress is not whether we add more to the abundance of those who have much, it's rather whether we provide enough for those who have too little. december 28 is coming. today is the 10th of december. 18 days. just after christmas, three days after christmas. days after the holidays. 1.7 million americans are going to lose their unemployment insurance. and, since the farm bill hasn't been brought to the floor, the question of what kind of cuts will be made in the farm programs specifically for the food programs. it's not the loafers that are out there, although there are some. it's the men and women that stood in line waiting for a job in my district. last friday. stood in line at representative edwards' job fair here in maryland
and the crash of the american economy. caused by agreed, wall street agreed principally, and agreed of others, to be sure. -- and greed -- caused by greed. wall street greed principalably, and greed of others, to be sure. keep in mind the moral compass of franklin delano roosevelt. the test of our progress is not whether we add more to the abundance of those who have much, it's rather whether we provide enough for those who have too little. december 28 is coming. today is the 10th of december....
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they argue that weekly unemployment checks are bad for the economy. some congressional democrats say they will continue to push for additional benefits, but it is unclear how strongly the white house will support them. the cost of extending the program is about $25 billion for one year. we'll be right >> welcome back. the time is 7:30 a.m.. kron4 jackie sissel is out live in one of creek. the >> is 10 degrees below freezing. 22 degrees. the last time i spoke with you i did not think it was this cold. i have not changed my mind. i know we have gone through this cold snap in the north. it is cold out here. the one thing that i noticed is that i do not see that much frost. i do not know if the humidity is down but it is definitely cold out here. i know we've had freeze warnings yesterday up in the north. it is a cold, cold morning. you will go out and fill this when you leave. >> i spoke with mike pelton who was in livermore and he stated that he saw a lot of frost. i guess it just depends on where you are. you will need to bundle up. it is awfully chill
they argue that weekly unemployment checks are bad for the economy. some congressional democrats say they will continue to push for additional benefits, but it is unclear how strongly the white house will support them. the cost of extending the program is about $25 billion for one year. we'll be right >> welcome back. the time is 7:30 a.m.. kron4 jackie sissel is out live in one of creek. the >> is 10 degrees below freezing. 22 degrees. the last time i spoke with you i did not think...
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no, the economy is not better. you don't want to be long oil at00, i think you sell it with both hands here. stuart: that's interesting, gold goes down to a thousand bucks an ounce and oil retreats from 100 bucks a barrel. a rare forecast on scott shellady and we'll see if he's right. thank you, young man. . [bell ringing] and you can hear the bell ringing and when it stops they start to trade stocks, i say that every day. we're looking for maybe a 40, 50 point drop for the dow when everything gets moving. that should carry it below 6. now we're up 3 1/2 points, hold on a second we'll likely see a downside move, give it an um can of minutes. and we're in for winter weather, and what stocks can you play when the weather turns bad. how about home depot? your show shovel there, and amazon on-line shopping, market watcher, shah galani miami where the weather is not a concern. give me winter weather plays on the stock market, shah. >> as far as the three you've mentioned i'm not keen on all of them. all of them have a g
no, the economy is not better. you don't want to be long oil at00, i think you sell it with both hands here. stuart: that's interesting, gold goes down to a thousand bucks an ounce and oil retreats from 100 bucks a barrel. a rare forecast on scott shellady and we'll see if he's right. thank you, young man. . [bell ringing] and you can hear the bell ringing and when it stops they start to trade stocks, i say that every day. we're looking for maybe a 40, 50 point drop for the dow when everything...
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they insist the bailout was successful because it prevented a worse blow to the economy and potential loss of one million jobs. some estimates say it would have been $50 billion in government benefits and lost income that would have been -- would have happened had the bailout not happened. in a statement released yesterday, president obama took a victory lap of sorts and said that the big three automakers are now strong enough to stand on their own. he said the industry has added more than 372,000 jobs, its strongest growth since the 1990s. the bailout was an example of the federal government and federal intervention actually working. the alternative to not bailing out gm and chrysler would have been more costly. chrysler hasn't fared too well since. it was purchased by fiat in 2011. the question is whether general motors can avoid a similar bond. general motors announced that one of its vice presidents will succeed ceo dan akerson at the beginning of next year to become the first woman ceo in the company's history. a little history there. that's it for this edition of "the daily rund
they insist the bailout was successful because it prevented a worse blow to the economy and potential loss of one million jobs. some estimates say it would have been $50 billion in government benefits and lost income that would have been -- would have happened had the bailout not happened. in a statement released yesterday, president obama took a victory lap of sorts and said that the big three automakers are now strong enough to stand on their own. he said the industry has added more than...
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republicans were just constantly hammering how bad the economy was. then people sort of looked up on election day, it is not, it is a little better than terrible. so i think i'm growing to stick with the guy who is in charge already. if they look up and say, you know what? i thought i would lose my doctor and my plan and pharmaceuticals but turned out only lost my pharmaceuticals and plan got my doctor, it was a little better than projected to be. >> remember in 2012, the other variable was do i want to vote for mitt romney? you will have to have, in a situation like this where you have no candidate yet, and airwaves free to attack one person that can have little bit of an impact. you will be up against somebody. you have to leave on the side of road, 20, 40, years, whatever been, seems he was around forever, somebody has got to run against him. that's got to be a choice. and i'm not so sure you can do it just on basis of this. martha: almost 2014 now. a lot of this stuff will come home to roost over the course of this next year. if you had the outloo
republicans were just constantly hammering how bad the economy was. then people sort of looked up on election day, it is not, it is a little better than terrible. so i think i'm growing to stick with the guy who is in charge already. if they look up and say, you know what? i thought i would lose my doctor and my plan and pharmaceuticals but turned out only lost my pharmaceuticals and plan got my doctor, it was a little better than projected to be. >> remember in 2012, the other variable...
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so you can. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. prefer the taste of gevalia house blend over the taste of starbucks house blend? not that we like tooting our own horn but... ♪ toot toot. [ male announcer ] find gevalia in the coffee aisle or at gevalia.com >>>s this just in to cnn the senate has confirmed patricia mullet to the u.s. court of appeals for the d.c. circuit. you might be saying so? well, she's the first presidential nominee to be confirmed under new senate rules pushed through by democrats that make it harder for republicans to filibuster presidential appointmen appointments. so there you have it. patricia mullet now a judge. >>> finally this morning, for the friends of one kentucky man it was a prank with a message all in the hopes of stopping him from drinking and driving. jeanne moos has more for you. >> reporter: who deserves a prank in fools you into believing you're waking up. >> oh, my gosh. >> reporter: from a ten-year long coma. >> my son was 2 years old when you came in her
so you can. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. prefer the taste of gevalia house blend over the taste of starbucks house blend? not that we like tooting our own horn but... ♪ toot toot. [ male announcer ] find gevalia in the coffee aisle or at gevalia.com >>>s this just in to cnn the senate has confirmed patricia mullet to the u.s. court of appeals for the d.c. circuit. you might be saying so?...
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expected to bring $100 million into the local economy in the spring of 2014. wait a minute. that's next year. >> yeah. get your ticket. >> it's not going to be done though. maybe they will wrestle around in the parking lot. levi stadium is also considered as a host location for college football's national championship game in 2017 and hosting super bowl l. >> i'm looking forward to the head locks and the drop kicks. >> get your choice. check in with meteorologist christina loren. got to do something to keep warm. >> sounds like old mcsweeney might be cruising for a bruising. better watch it, mister. we're looking good. temperatures are cold, make sure you're ready for that. we're talking about the mid-20s, 28 degrees in livermore, right now 29 in san jose. and 30 degrees in mountain view. hey mike, we got to admit we love having mr. mcsweeney with us. >> except when he drops the elbow. boom. during the commercial breaks it's rough. the bay bridge, this is a smooth drive, no problem and no delays. better news for folks into the east bay on the b.a.r.t. system. b.a.r.t. has fi
expected to bring $100 million into the local economy in the spring of 2014. wait a minute. that's next year. >> yeah. get your ticket. >> it's not going to be done though. maybe they will wrestle around in the parking lot. levi stadium is also considered as a host location for college football's national championship game in 2017 and hosting super bowl l. >> i'm looking forward to the head locks and the drop kicks. >> get your choice. check in with meteorologist...
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a mixed picture for the global economy. in terms of the u.s., still awaiting more news about the local rule. volcker rule. a little bit of pessimism filtering into the markets. soybean futures falling from a near three-month high. this is ahead of a u.s. they report on u.s. and international supply. joining me is gary silver. -- larry silver. what are you expecting from this report today? >> it seems that most people think the narrative will continue that stocks around the world are very tight. let's consider the fact that we see these surprises like we saw yesterday. china booking 200 50,000 tons. that caught everyone by surprise. >> why aren't we seeing a big rally ahead of the tight supply narrative? >> i think it is because there is a positive risk premium open to the soybean future. people understand the south america planting season is finished. they understand brazil has run out of export, putting more demand on import from the united states. traders are long 26% of the open interest. 100 57,000 contracts to be exact
a mixed picture for the global economy. in terms of the u.s., still awaiting more news about the local rule. volcker rule. a little bit of pessimism filtering into the markets. soybean futures falling from a near three-month high. this is ahead of a u.s. they report on u.s. and international supply. joining me is gary silver. -- larry silver. what are you expecting from this report today? >> it seems that most people think the narrative will continue that stocks around the world are very...
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wrestle mania expected to generate $100 million for the local economy. levi stadium also considered to host college football's national championship game in 2017, and of course it's hosting super bowl 50. >> cane and his wife pledged a $50,000 matching grant and challenge to the make-a-wish foundation, the foundation transformed san francisco into gotham city last month. helping make 5-year-old miles scott's wish come true. cane will give the money once its bay area executive director raises that amount. >> let's see how they do. not bad. great. >> i want to check the commute. not so great. >> folks riding b.a.r.t., big note out from the system, over from san francisco over to dublin there is no direct service. there is service but not direct service, you'll have to transfer trains to do some mechanical issues at daly city so things are disjointed as far as reports but i can tell you barlt says no direct service so heed that barning. we're looking here toward 880 and the drive you saw from the live look. flb not a problem from the coliseum in toward down
wrestle mania expected to generate $100 million for the local economy. levi stadium also considered to host college football's national championship game in 2017, and of course it's hosting super bowl 50. >> cane and his wife pledged a $50,000 matching grant and challenge to the make-a-wish foundation, the foundation transformed san francisco into gotham city last month. helping make 5-year-old miles scott's wish come true. cane will give the money once its bay area executive director...
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Dec 10, 2013
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first of all the economy is a completely different place. we have maybe a million or so immigrants that have recently come into this country. they on average make less than your average native population. that's one thing. you have to look at the change in the the manufacturing of service sectors. the employers have sent millions of jobs overseas over the past 20 years and many of those folks had to find other jobs-- lower paying jobs-- maybe jobs with fewer hours-- that's another issue. finally on the other end of the spectrum you talk the state taxes state taxes that system is one of the main ways the government has redistributed income over time. that whole system has been decimated over the past 10 years or so. we see the government allow wealthy individuals to send more and more of their income to their children and grandchildren. > > and very quickly before and you take off, how critical is it to have a college degree in the current environment? > > education is essential every single thing that we look at shows us that the higher educ
first of all the economy is a completely different place. we have maybe a million or so immigrants that have recently come into this country. they on average make less than your average native population. that's one thing. you have to look at the change in the the manufacturing of service sectors. the employers have sent millions of jobs overseas over the past 20 years and many of those folks had to find other jobs-- lower paying jobs-- maybe jobs with fewer hours-- that's another issue....
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Dec 10, 2013
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CSPAN
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they are not doing anything to improve the economy. last week, walmart opened in the district, 560 jobs were advertised, 23,000 people showed up to apply for 560 jobs. there are no jobs. upper marlboro, maryland. approximately 1.3 million extendedre receiving unemployment insurance benefits and they are set to lose them at the end of the year if congress does not act. three point 6 million additional people will lose access to benefits beyond 26 weeks by the end of 2014. those according to a report released last week by the president's council of economic advisers. the was the topic of editorial in today's "wall street journal." employedep workers on is the headline. another extension will not create more jobs says the editorial board of "the wall street journal." it ends saying the current system raises payroll taxes on employers even as 20 million americans are still unemployed or underemployed. none of this will help the economy create more jobs. say's "walll and street journal." we want to hear your thoughts. we have a special line
they are not doing anything to improve the economy. last week, walmart opened in the district, 560 jobs were advertised, 23,000 people showed up to apply for 560 jobs. there are no jobs. upper marlboro, maryland. approximately 1.3 million extendedre receiving unemployment insurance benefits and they are set to lose them at the end of the year if congress does not act. three point 6 million additional people will lose access to benefits beyond 26 weeks by the end of 2014. those according to a...
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Dec 10, 2013
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CNBC
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we finally gotten to the point where it's the economy. >> i know the fed feels like. >> the economy, not the taper. >> the fed feels like the progress it has gained in convincing the market about tapering, not tightening has been hard-earned, but they think they've earned it at this point. >> and the underlying economy looks better. >> i want to introduce our guest host right now because i want his comments on this. ken langone is here, the co-founder of home depot. ken? >> where is your factor of the consumer's confidence in all these numbers? >> i think -- >> because, frankly, frankly it's tepid at best. >> right. confidence is tepid but it's also tentative in the sense that it's something that can change quickly. what we see, ken, is growing household wealth. what we don't have is a propensity on the part of the consumer to spend that money and the confidence to spend it and/or to borrow. we still seem to be in a deleveraging thing. in a deleveraging phase right now. but if the consumers have the wealth, then you can have the confidence to spend it over t e time. the connection be
we finally gotten to the point where it's the economy. >> i know the fed feels like. >> the economy, not the taper. >> the fed feels like the progress it has gained in convincing the market about tapering, not tightening has been hard-earned, but they think they've earned it at this point. >> and the underlying economy looks better. >> i want to introduce our guest host right now because i want his comments on this. ken langone is here, the co-founder of home...
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Dec 10, 2013
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ALJAZAM
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the issue really is africa is an export-driven economy, 60% of their economy is due to the mining sector, the most of which is exported to the world and it's no accident that you see some of the most important economic actors of africa playing a prominent role in this memorial. these are the future trading partners of africa. it's not going to be europe as much as brazil, india and china. i think their role here exemplifies that. >> professor, this is really a critical moment. i was in the middle east at a time the mining strikes were going on in the summer of the year. there was disheartening to see. it really was disheartening to see. we saw miners being show and killed. we saw a very uneven response from the south african leadership. these were miners fighting for what they thought was fair, for rights, for a larger piece of africa's economic pie, and for many in the world, what they saw as a response was a heavy-handed approach from the government. >> that's right. there's talk about africa being -- hosting 25% unemployment right now. that number among the youth is 50%. this is a tic
the issue really is africa is an export-driven economy, 60% of their economy is due to the mining sector, the most of which is exported to the world and it's no accident that you see some of the most important economic actors of africa playing a prominent role in this memorial. these are the future trading partners of africa. it's not going to be europe as much as brazil, india and china. i think their role here exemplifies that. >> professor, this is really a critical moment. i was in...
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Dec 10, 2013
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BLOOMBERG
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pope was moving away from the free market economy. what is going to be pressure from conservative catholics that are in the finance system or government? >> they are not going to like it. they're going to be concerned -- they're are already up in arms against this pope already. i am not catholic. what they are saying is they have the conservative world up in arms. on pope francis. the debate continues. >> coming up on "bloomberg we will talk about what it means for lululemon's founder to step down. ♪ >> daniel hurwitz on retail, commercial real estate. hurwitz, ddr ceo. tomorrow.scuss we are over stored in this country. >> let's get to company news. bill cohan.st is zoosk is planning to go public. they have picked bank of america to lead the offering. they create matches based on facebook connections. it holds three percent of the dating market. texas instruments reassures wall street that there profits will be in line with analyst estimates. the demand for car components has been making up for weaker components in other industrial
pope was moving away from the free market economy. what is going to be pressure from conservative catholics that are in the finance system or government? >> they are not going to like it. they're going to be concerned -- they're are already up in arms against this pope already. i am not catholic. what they are saying is they have the conservative world up in arms. on pope francis. the debate continues. >> coming up on "bloomberg we will talk about what it means for lululemon's...
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Dec 10, 2013
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MSNBCW
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses if yand you're talking toevere rheuyour rheumatologistike me, about trying or adding a biologic. this is humira, adalimumab. this is humira working to help relieve my pain. this is humira helping me through the twists and turns. this is humira helping to protect my joints from further damage. doctors have been prescribing humira for over ten years. humira works by targeting and helping to block a specific source of inflammation that contributes to ra symptoms. for many adults, humira is proven to help relieve pain and stop further joint damage. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal events, such as infectio
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses if yand you're talking toevere rheuyour rheumatologistike me, about trying or adding a biologic. this...
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Dec 10, 2013
12/13
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CNNW
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gra♪y and more, (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. because what you don't know, can hurt you.urance. what if you didn't know that posting your travel plans online may attract burglars? [woman] off to hawaii! what if you didn't know that as the price of gold rises, so should the coverage on your jewelry? [prospector] ahh! what if you didn't know that kitty litter can help you out of a slippery situation? the more you know, the better you can plan for what's ahead. talk to farmers and get smarter about your insurance. ♪ we are farmers bum - pa - dum, bum - bum - bum - bum♪ >>> welcome back to "new day." we're learning more about what really is being described as a bizarre incident that left a student dead at a texas christian college. campus police now say the 23-year-old hit a police officer with his baton, forcing the officer to fire at him. but his friends, the students' friends, say the honor student would not do that. cnn's george howell has more. >> reporter: on the campus of
gra♪y and more, (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. because what you don't know, can hurt you.urance. what if you didn't know that posting your travel plans online may attract burglars? [woman] off to hawaii! what if you didn't know that as the price of gold rises, so should the coverage on your jewelry? [prospector] ahh! what if you didn't know that kitty litter can help you out of a slippery situation? the...
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Dec 10, 2013
12/13
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KPIX
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>> it's our government's job to protect all of us and also to protect our freedoms and protect the economy and companies and i think that they did a bad job of balancing those things here of. >> reporter: the companies argue the national security agency is going too far in the bullet collection of phone and internet date -- in the bulk collection of phone and internet data, information from classified documents leaked by edward snow deny suggesting the nsa is stealing communications from internet providers by tapping into tables connecting the servers in overseas data centers. in today's letter the tech firm said they are now tightening internal cyber security. we are focused on keeping users' data secure, deploying the latest encryption technology to prevent unauthorized surveillance. the tech firms are also fighting back against surveillance which is authorized. the internet companies say courts too often are compelling them to turn over potentially sensitive customer data. video the u.s.-based firms are worried all of this is bad for business. the yahoo chief says massive government sno
>> it's our government's job to protect all of us and also to protect our freedoms and protect the economy and companies and i think that they did a bad job of balancing those things here of. >> reporter: the companies argue the national security agency is going too far in the bullet collection of phone and internet date -- in the bulk collection of phone and internet data, information from classified documents leaked by edward snow deny suggesting the nsa is stealing communications...